Russia’s most prominent tech company, Yandex, has announced steps to move some of its intellectual property out of Putin country and dispose of the rest to local interests. Yandex is a sprawling conglomerate often characterized as Russia’s Google. It started as a search company, then moved into advertising, maps, e-commerce, cloud, and software for self-driving cars. Like its Silicon Valley analogs, Yandex also looked for a more advantageous jurisdiction for its headquarters and picked The… Source link
Read More »Yandex plans to break up with its Russian motherland • The Register
Russia’s most prominent tech company, Yandex, has announced steps to move some of its intellectual property out of Putin country and dispose of the rest to local interests. Yandex is a sprawling conglomerate often characterized as Russia’s Google. It started as a search company, then moved into advertising, maps, e-commerce, cloud, and software for self-driving cars. Like its Silicon Valley analogs, Yandex also looked for a more advantageous jurisdiction for its headquarters and picked The… Source link
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